b'BACK TO NAVIGATIONGovernancePerhaps the greatest predictor of an organisations sustainability potentialis the quality of its governance. Leadership of well governed organisations have strong insights into the drivers that effect its business in the short medium and long term. They have a strong sense of responsibility and guardianship over the welfare of the organisation as well as its people and stakeholders.Just as with other business objectives the social and environmental objectives of a law firm need robust and ethical systems and processes in place to ensure their delivery.Organisational governance is the system of rules, practices and processes by which an organisation is managed and controlled and is critical to consistently and reliably set and deliver a firms corporate responsibility objectives. Management of procurement is an important part of a law firms governance processes. Making the links between how the sustainability impacts of goods and services it uses in providing its own products and services aligns with its ethics, values and objectives. Reporting and transparency is another fundamental principle of good governance and accountability and a feature of sustainable organisation. It builds strong organisational structures to support delivery as well as trust from stakeholders. Good risk management and ethical behaviour are also important elements of governance. Universal standards for the management of risks, business continuity, ethics and the codes of conduct in law firms are guided by government regulation, state law societies, customer expectations and industry standards.73'